Senior Manager, Balance Sheet Management

About QNB Group

Founded in 1964 as Qatar's first Qatari-owned commercial bank, QNB Group has emerged as the largest banking institution across the Middle East and Africa. Operating in over 31 countries across three continents, the Group offers an extensive range of sophisticated financial products and services. It employs more than 28,000 staff and serves approximately 20 million customers via 1,000 branches and 4,300 ATMs.

QNB holds strong credit ratings from agencies such as Standard & Poor's (A), Moody's (Aa3), and Fitch (A+), and has been acknowledged with numerous awards from leading global financial publications. It has been recognized as the most valuable banking brand in the Middle East and Africa, per Brand Finance Magazine. The Group is also actively involved in community support initiatives, sponsoring social, educational, and sporting events.

Job Summary

The role is responsible for managing all balance sheet management activities aligned with the Group's strategic direction, risk appetite, regulatory standards, and internal policies.

Main Responsibilities

• Ensure adherence to approved budgets, policies, and procedures related to balance sheet management functions.
• Implement key performance indicators and industry best practices defined for the Senior Manager, Balance Sheet Management position.
• Drive cost efficiency measures, minimizing waste while maximizing benefits for the bank.
• Operate within the designated authority limits delegated for this role.
• Foster effective collaboration with related departments to accomplish balance sheet management objectives.
• Deliver timely and accurate information to internal and external auditors, compliance teams, and Group Risk as required.
• Address customer inquiries regarding bank products and facilitate appropriate solutions.
• Maintain compliance with service level agreements to enhance turnaround times for internal processes.
• Perform all activities following the department's strategies and policies, including handling buy/sell deals, compiling management information systems data related to profitability and revenue, and ensuring adherence to Board-approved limits.
• Coordinate with Treasury Operations to ensure prompt transaction processing.
• Prepare reports under supervision and monitor financial gap positions within delegated limits.
• Support the structuring of balance sheet management products as directed.
• Commit to ongoing professional development and stay updated on relevant industry developments.
• Comply with all legal, regulatory, and internal compliance policies, such as Anti-Money Laundering, Sanctions, Data Protection, Fraud Control, Whistleblowing, and Insider Dealing policies.
• Execute responsibilities in line with the Three Lines of Defence risk management framework and uphold Conduct Risk policies to ensure positive client outcomes.
• Contribute to operational risk management activities including risk and control self-assessments, key risk indicators, and incident management.
• Maintain knowledge and qualifications necessary for the role, including completing all mandatory trainings and attending required seminars.
• Safeguard confidential customer and internal information, sharing it only with authorized parties such as senior management, audit, compliance, and regulatory authorities.
• Uphold professional standards that reinforce QNB's reputation and leadership in the market.
• Perform additional tasks as assigned by management.

Qualifications and Experience

• Bachelor’s degree in Marketing, Banking, Finance, Accounting, Economics, Business Administration, Information Technology, or a related field.
• At least eight years of experience in an active dealing room environment, ideally within the Gulf region.
• Fluency in English with strong oral and written communication skills; Arabic language skills are advantageous.
• Comprehensive understanding of various derivatives and interest rate products.
• Proficiency in Microsoft Office suite including Word, Excel, and PowerPoint.
• Knowledge of currency hedging techniques relevant to local markets.
• Strong analytical abilities and problem-solving skills.
• Familiarity with local laws, regulatory frameworks, and customary practices.
• Excellent interpersonal skills and the capability to perform effectively under market-related pressures.

Additional Requirements

• Applicants must provide a resume/CV, a copy of their passport or Qatar ID, and educational certificates as part of the application process.